Lightwave Logic Inc (LWLG)

[noblynx]

Yes. I’m really surprised, though, that management is not obligated to identify for shareholders which company they’ve just leant that much money to. When such an amount is borrowed, don’t shareholders get told who the lender is and what the terms are? Is this amount considered insignificant, so reporting requirements are less strict?

After all, if they can’t pay it back in cash for some reason, we get shares in their company - that in itself seems most significant to me. Shares would be valued how? They’re private?